How much does it cost to buy a house?
You should have around $5000 to pay for the closing cost. On top of that, you'll need at least 4% down payment. The more down payment you have, the better loan program and lower interest rate you will find. Higher down payment equals lower risk for the lender.

What are the important criteria used to qualify for loan?  
Your credit scores need to be 620+ and you need make enough money to pay for the loan.

Yes, I'd like to buy a house, where do I start?
To start the buying process, click here.